Suppose that you are attempting to estimate the annual income of 1700 families. In order to use the infinite standard deviation formula, what sample size, n, should you use

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Answer:

Sample size should be less than 85

Step-by-step explanation:

Sample size should be less than 85

Step-by-step explanation:

To use the infinite standard deviation formula, n has to be <= (0.05)(1700)

n <= 85

So the sample size has to be less than 85

In another way too,

n = sample size

N = population size

For population, we multiply correction factor to the infinite standard deviation

F is <= 0.05

[tex]n/{N} <0.05[/tex]

n<0.05x1700

n<85

Sample size should be less than 85